tv The Briefing BBC News January 29, 2018 5:45am-6:01am GMT
with one in fourjobs being replaced by advances in technology. the abc news website says strava, a fitness—tracking app, is revealing potentially sensitive information about military bases and supply routes via its global heat—map website. and finally with his picture on the front of ft, ikea founder and swedish multibillionaire ingvar kamprad has died at the age of 91. so let's begin. with me is oliver cornock, editor—in—chief, oxford business group. thank you for returning. you are very welcome to our brussels experience. minister regs that he is opposed to the eu bill are swivel eyed. it is getting very difficult within number ten. clearly. and we swivel between hard
brexit and soft regs it and the other names we have given is. the fa ct other names we have given is. the fact is theresa may is quite weak. at the same time, to me it seems like why would you reveal your position fully in negotiation? because she is quite enfeebled after last summer's election, which was a bit of a disaster, and a narrow victory, everybody who has an opinion will blame her. she is enfeebled and weakened. at the same time, there is nobody else coming up, the tories will be very concerned about an election. it is a very tricky one. i think looking beyond that, where we discussed earlier, we need a clear, you know, investors, everyone wants a clear position. she has not made any significant statement on this since the lancaster house speech, it does cause some concern. you have the philip hammond making
quite a few comments. it was this comments about how close brings might be with what we have currently with the european union that has really riled both with the party and it was filled to the fire in a kind of way. within the cabinet and wider conservative party, for philip hammond, and in the uk and britain, it has been very difficult when a chancellor is at loggerheads with the prime minister and that doesn't bode well for policy—making. how is this all going to play out? as we have a ready said today, we will be hearing more from brussels position and what they feel should be the scope of the transition agreement, if we have one. but this is the problem, isn't it? there is so is the problem, isn't it? there is so much uncertainty. the uk economy and businesses are going to be really losing out in some ways. it is the multibillion you wrote question. exactly what is going to happen at the end —— euro. i don't
think anybody quite knows. simple fa ct think anybody quite knows. simple fact is in a negotiation, you start out with an endpoint insight you compromise. people would do well to remember that. i'm not a defender of anybody but it is a compromise. hopefully we will get the voice from brussels. it would be interesting to get outside and there thinking during this process. we will persevere with that. let's move on. the new york times. global wave of growth reverses a long slope, but the recovery is pace is slow it says and geopolitical risks make it vulnerable. this is the ongoing kind of story of last week, this report saying the global economy is in a very strong position right now. this year and next year, others coming in with that world bank report. your thoughts on where we are? it is something we at oxford business group are hearing about the emerging market. there is certainly the
emerging there. some of those like africa are seeing higher than average growth, but 3.1% is the imf's average growth, but 3.1% is the imf‘s prediction for 2018. it is a steady growth. on some levels, steady is better because it means less chance of a big drop. that is what we are trying to get to. more broadly, though, there is a concern as well i fear that there is a short term uptake and tax cuts in the us big news, and quantitative easing in the european union, there has been easy growth and easy monetary policy going on. that is a concern because once that tapers off, what impact will the tab on the global economy? i'm not as across the middle east and saudi arabia and i know that is your area of speciality, oil is up, that does bode well for saudi arabia and russia ? that does bode well for saudi arabia and russia? but also i'm wondering about the shale producers in the us.
they will step up a gear now that oil is climbing in value. we have that increasingly common new paradigms which is that there is a suite spot as you mentioned, a perfect position for the price of crude oil because when the us shale exporters are able to, you know, the point of viability is quite high, it is considered by a lot of people widely that that was the sweet spot, i don't think we will head back to those figures unless there is a big geopolitical tensions that come to the full. that is never far away and the full. that is never far away and the middle east is a hotspot. it is, absolutely. let's look at this other story. this issue of automation and jobs being replaced. this article in the guardian looks at the back that in the uk, the north—south divide can get even wider because there is quite a few jobs in the north could be replaced by machines. it interested me because we have
heard so much about disruption, so much about the need for e—commerce fulfilment, logistics, all these things which are quite heavy and manualjobs. at things which are quite heavy and manual jobs. at the things which are quite heavy and manualjobs. at the same time, automation and robots are changing that. more broadly, the education that. more broadly, the education that goes into people being able to operate these programmes that are behind the robots. it is just a very worrying and narrative for everybody in the uk because it is so common, this north—south link on an equitable spreading of wealth. that would be a big topic. it absolutely was. what came out of davosin it absolutely was. what came out of davos in terms of the media reporting was dominated by... brexit. no, donald trump's presence at davos. some of the things going on were not reported because the us present arrived and spoke. let's look at abc news now. this is amusing but also quite worrying. the consequences of getting fit in the
military. details about a secret military. details about a secret military base without them realising it. i love there is a heat map. all these military personnel are very fit and healthy and fighting forces, and the heat is getting stronger for it is easy to identify where the bases are. it was identified by an australian student, a young chap all these intelligence bodies around the world and a student spots that, i love it. it goes to show the risk of all these devices we are wearing and the information it is putting out there. wea ra ble information it is putting out there. wearable technology and that consequences. are you an ikea fan? have you built this stuff and lost bits and gone bonkers and been frustrated like many of us? i think everybody has had a row over a flat pack assembly. the simple fa ct a flat pack assembly. the simple fact is ikea has changed modern life in many ways. when i travel to the middle east, there is a new ikea in
bahrain and it is ubiquitous and what a success story. what struck me reading the victory in the financial times, he is one of the extremely wealthy people in the world. he was incredibly frugal, always flew economy class. where is it all going? the founder of ikea, we wonder what the will is like if he was that frugal. exactly. and find out, the financial times doesn't talk about his legacy in terms of finance at all. ikea seems to be just growing and growing in terms of its global reach in many countries around the world. people are having to grapple with their bookshelf. people are moving into smaller pace —— places. it is inexpensive. the downside is it is quite disposable. everyone is chucking things out. i wonder how sustainable it is as
well? i predicted told me in my er that someone who does for a living assembling these things for people. —— in my ear. it is replacing marriage guidance counsellors. thank you for coming in. we really appreciated. that is the business briefing this morning. thank you for your comments. many of you have been in touch about group on currencies. quite a few are remaining pretty sceptical about it. —— crypto. there was a heist injapan and the company behind that company is saying it has had to compensate those individually and has lost money in that crypto heist that happened on friday. i will see you vary so. bye. —— very soon. hello there. good morning. winter is set to return this week, but nothing too serious,
nothing out of the ordinary. what was unusual was the temperatures we had over the weekend — 15 degrees in that mild south—westerly on sunday. there's colder air to come down from the north, and it comes in initially behind this weather front here. that is moving southwards, it's been bringing the rain that we've had across the northern half of the uk, and that rain on monday is moving south across england and wales. behind it, we're starting to see some colder air already, by the morning, in scotland. maybe some wintriness over the tops of the high ground as those showers come in. one or two showers coming in to the north of northern ireland, but much drier, by this stage, after some heavier rain overnight. here's the rain, though, across the north—west of england and wales, where it could be heavy over the hills. south of it, still some gusty winds for a while, but very mild air — temperature 9—10 degrees early in the morning. get a bit of sunshine in the south—east, and those temperatures could rise a few degrees higher in the morning. that's ahead of the rain. here's the rain. it's moving southwards and, as it moves southwards, so the rain becomes lighter and more patchy, but it will drop the temperatures across southern areas in the afternoon.
we get some sunshine following behind that in wales and the midlands. and further north, some sunshine, a scattering of showers, and again, just cold enough to give us some wintriness over the higher ground in scotland. but it gets cold overnight where we have the clearer skies, across southern and eastern parts of england, in particular. could be a frost returning by early tuesday, but we start with some sunshine across most of england and wales. and gradually, through the day, the tendency is for things to cloud over more and more. a little bit of drizzly rain coming into the far south—west, but the wetter, windier weather is in the north—west of scotland. in between, it looks like it's going to be largely dry. but temperatures 6—9 degrees — that's nearer normal for this time of the year. now, it may start to feel colder around the middle part of the week. these weather systems do move through. this one the more significant one, coming down from the north—west, sweeping down across the uk, and then it introduces another bout of colder air that will sweep across all areas, and the wind direction changes once again. so we're going to find more in the way of showers on wednesday. we've still got this band of rain on the weatherfront
to clear away from southern areas, and then it's sunshine and showers. but those showers will be more wintry, notjust in scotland but as far south as wales, perhaps into the peak district as well. nothing serious, but a change from what we've been seeing. and it will feel colder, as well, given some strong to gale—force winds — 11—5 degrees typically across the north. wind direction changes to a bit more of a northerly, so more inland areas will be more sheltered, so inland parts probably dry on thursday. the showers more likely around exposed coasts. but again, it will feel colder in the wind. hello, this is breakfast, with dan walker and louise minchin. a man has been charged with causing death by dangerous driving after three teenage boys were killed in west london. he'll appear in court this morning. a second man handed himself in after a police appeal. good morning, it's